Art Collection

April 10, 1985

TORONTO — ''Canada missed the boat,'' said Elie Borowski. His decision: To send his collection of 1,800 Greek, Roman, Egyptian, Byzantine, Etruscan, Mittanian, Hurrian, Hittite, Sumerian, Babylonian, Assyrian, Phoenician and Elamite art objects to Jerusalem. Mayor Teddy Kollek has offered a site, and Borowski says he will raise the money for a museum. The 71-year-old Toronto resident, a former art dealer, offered the collection, which is now in warehouses, to Canada but he demanded a $3 million museum and a $30 million endowment fund. About 300 pieces from the collection have been displayed in museums around the world in an exhibit called Ladders to Heaven.